Updates

A Palestinian flag that says "Ceasefire Now." in the midde

Fossil Free California Statement of Support for a Permanent Ceasefire in Gaza

By Fossil Free California | April 17, 2024

Fossil Free California condemns the genocide now taking place in Gaza. While we strongly condemn Hamas’ attack on Israeli citizens on October 7, no attack, however brutal, can justify the mass slaughter of Palestinian civilians that has followed. For the past five months, we have watched in horror as Israel bombs and starves the over…

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7 California Climate Wins in 2023 to Celebrate

By Last Chance Alliance | December 22, 2023

California stepped up as a climate leader in key areas this year. Here are 7 of the top climate victories of 2023 to celebrate! It feels like we’re constantly inundated by bad news, so here’s your positive climate news for the year (and proof that together, climate progress IS possible). * * * 1. California…

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Typewriter with the words divest now written on the page.

“Divest Now” – Sacramento Bee

By Fossil Free California | December 17, 2023

Despite the Intergovernmental Panel on Climate Change’s warning that the climate emergency demands an immediate halt to new production, fossil fuel companies continue to expand. They treat the climate crisis — and our planet — with contempt. CalPERS should divest as soon as prudently possible.

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Photo of a refinery, with the logo for the Los Angles Times at bottom center.

Los Angeles Times Editorial Board: CalPERS must ditch fossil fuel investments. Its new ‘sustainable’ plan doesn’t do that

By Fossil Free California | December 5, 2023

The Los Angeles Times Editorial Board on CalPERS: “It seems clear that the only way to ensure that public pension funds move out of this risky business is by forcing them to do so through legislation.”

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A photo of the California State Capitol building

Frequently Asked Questions – Senate Bill 252, The Fossil Fuel Divestment Act

By Shana DeClercq | October 10, 2023

CalPERS has roughly $9.4 billion dollars, and CalSTRS $5.4 billion dollars ($14.8 billion in all) of stock and bond investments in the top 200 coal, oil and gas production companies.

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A picture of Gavin Newsom

Governor Newsom Will Sign SB 253, SB 261, Advancing the Climate Accountability Bill Package

By Shana DeClercq | September 19, 2023

In a surprise move Sunday, California Governor Gavin Newsom announced his intention to sign Senate Bills 253 and 261, groundbreaking climate legislation, advancing the suite of bills announced jointly in January as the Climate Accountability Bill Package. Senate Bill 252, the third bill in the package, now a two-year bill, is poised to clear the Assembly in 2024.

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Rally. Masked activists hold each side of a super-sized white sign that reads, "Time's Up, CalPERS. 150,000 Say Divest From Fossil Fuels."

Why Divest from Fossil Fuels

By Carlos Davidson | September 5, 2023

“It’s time to take the next step in climate action. Divestment sends a message to companies that have shown little interest in seriously addressing a problem that places human existence in peril for the sake of profits: time’s up.”

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Image of an industrial operation with several smokestacks billowing smoke.

Net Zero is a False Narrative and a Dangerous Trap

By Diana Curiel and Sandy Emerson | September 5, 2023

Carbon capture technologies are being used to justify increasing oil production, and delay the inevitable and essential transition to clean energy. They are risky, energy intensive, and expensive. Instead, we need to use our financial resources to accelerate the transition to renewable and clean energy, and lower our carbon emissions by reducing our reliance on fossil fuels.

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Collage graphic. Across a photo of an Oakland City building is screenshot of a headline that reads, "Opinion: Divest California public employee pensions from fossil fuels. Ending CalPERS and CalSTRS funding of this industry is critical to meet local, national and international goals." At right is a headshot of Oakland City Attorney Barbara J. Parker.

Oakland City Attorney comes out in strong support of SB 252, California’s fossil fuel divestment bill

By Fossil Free California | June 14, 2023

Oakland City Attorney Barbara J. Parker’s op-ed reads: “Divesting from fossil fuel companies is the right thing to do to protect California’s frontline and fenceline communities. Due to long legacies of systemic racism, these communities are disproportionately impacted by climate change, climate harm, and pollution. The Legislature must pass SB 252 this year. This bill is both financially prudent and essential to meeting our collective climate goals.”

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A photo of the California State Capitol building

What is Climate Accountability Bill Package?

By Fossil Free California | May 15, 2023

The Climate Accountability package comprises 3 transformational bills that will ensure we are meeting the climate crisis with strong data, financial transparency, risk mitigation, and in the case of our public pensions, divestment of $14 billion of fossil fuel funds. Learn more with these informative graphics from California Environmental Voters. Your Voice Matters! State Assembly…

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